Review: The situation and investment opportunities in the first half of 2020 in the currency circle
真本聪RealSatoshi
2020-05-20 06:53
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2020 is a year of turning point in the currency circle. Some people leave the field dimly, while others are still persisting.

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Stablecoin Mania

After the 3.12 crash, stable coins were issued sharply. At present, the market value of stable coins has exceeded 1 billion US dollars, and the total market value of Tether has reached 900 million US dollars. After surpassing Ripple, it jumped to the third place in the market value list. Many people predict that Tether's market value will continue to advance, surpassing Ethereum, and finally surpassing Bitcoin.

These days I hear a very interesting non-popular opinion: Bitcoin is just a small toy in the cryptocurrency world, and the biggest and most useful innovation of the blockchain is not Bitcoin but stablecoins.

If we were in the era of the number one player, then Bitcoin would be gold and stablecoins would be banknotes. Banknotes will always be worth more than gold.

So I make a bold guess: In the next 3-5 years, the market value of USDT will surpass BTC and rank first in market value.

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Talent integration in the industry to the head

Recently, the practitioners around me, whether they are market personnel of the project party, media personnel, or investment directors of institutions, have all gone to Binance by coincidence. As if they had discussed it. According to the Block, Binance has grown to a large company with more than 1,000 employees.

In the media field, Lianwen, Block Rhythm and these three media are in a three-legged situation. It is difficult for small media to survive, and they can only be forced to disband if they cannot make money, and then talents flock to these three media. A better situation may be that the entire We Media is acquired. But most of them are dimly out and go to work for these three media.

The media has no way out. The currency circle does not need so many messy media. This is also true.

Although the entire cryptocurrency industry is in its early stages, opportunities for grassroots entrepreneurship are slim. People who start a business in this industry today either have technology, capital, or background. It is more difficult for pure grassroots to break into the sky than to reach the sky.

The most cost-effective start-up in the currency circle is actually speculation. This is a joke. But it's true for the grassroots.

There must be at least one face and lining.

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The story of the public chain is difficult to tell, and DeFi is a trending investment opportunity in the next 2-3 years

The TON project was terminated, and the public chains were exhausted. It can be said that the Ethereum killers come out one by one and die one by one. It now appears that so many public chains are actually products of the 17-year bull market organization Fomo. The mad cow is really here, and the institutions are also chasing the leeks. The story of the currency circle gradually shifted from the public chain to DeFi. In the first half of the year, opportunities such as KNC/SNX/LEND came from the DeFi ecosystem of Ethereum. Investment opportunities outside of the DeFi space are rare. With the recent rise of the Uniswap exchange, I believe there are still many investment opportunities in the DeFi field in the future.

2020 is a year of turning point in the currency circle. Some people leave the field dimly, while others are still persisting.

真本聪RealSatoshi
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